Aug 26, 2016· The Company envisages a low cost underground gold mining operation producing 352,931 ounces of gold at head grades of 11.30 g/t Au over an initial 7 year mine life, including 262,000 ounces at 15.30 g/t through year three, at cash costs of US$567 per ounce with all-in sustaining costs of US$779 per ounce.

Gold Fields and Australia's Sino Gold Mining Ltd., have set up a joint venture focused on discovering large gold deposits in China with the potential to produce about 500,000 ounces a year. Sino Gold has been buying stakes in Chinese gold deposits and explorers.

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The Songjiagou gold mine is a moderate temperature hydrothermal filling and that the gold mineralization permeates out from the higher grade structures, forming In February 2010, Majestic entered into an agreement with seven Chinese per day milling operations, related buildings, mining machinery and equipment,

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